Yes (At least that's the general consensus among complexity theorists, though it hasn't been proved.) This doesn't contradict anything Eliezer said in the grandparent. The following are all consensus-but-not-proved:

P⊂BQP⊂EXP
P⊂NP⊂EXP
BQP≠NP (Neither is confidently predicted to be a subset of the other, though BQP⊂NP is at least plausible, while NP⊆BQP is not.)
If you don't measure any distinctions finer than P vs EXP, then you're using a ridiculously coarse scale. There are lots of complexity classes strictly between P and EXP, defined by limiting resources other than time-on-a-classical-computer. Some of them are tractable under our physics and some aren't.

Is that just that we don’t know any better algorithms, or is there a proof that exptime is needed?